Unit 5: Land Description Flashcards

1
Q

Three most common methods for land description

A

metes and bounds, rectangular (government) survey, and recorded plat. Legal descriptions describe only the land

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

_____ and ______ are attached to the land and not listed separately

A

improvements, appurtenances

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

____ _____ are informal descriptions that can change and are not considered to be legal descriptions. Some states allow them to be used in real estate contracts.

A

street addresses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

_____: measures in feet, compass degrees

A

metes

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

______: shape or boundaries

A

bounds

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

“South 85 degrees for 151 feet” is an example of a ____

A

metes

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

____ and _____ is the only description that will talk about point of beginning (POB). Uses starting at or commencing at and moves in a set direction

A

metes and bounds

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Metes and bounds measures it in a (clockwise/counterclockwise) direction

A

clockwise

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Starts at the POB but ends in a different point, then it is a(n) ______ metes and bounds

A

imperfect

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

this located a parcel of land within a grid system, based on its location with reference to meridians and ranges (which run north-south) and base lines and tiers (which run east-west). What is this

A

rectangular (government) survey

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

in a rectangular survey, there are __ townships, and #1 is in the __-___ corner, snaking down until the last number, which is in the ___-___ corner.

A

36, top-right, bottom-right

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

A township is _ miles by _ miles and gives you __ sections

A

6, 6, 36

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

each section is 640 acres, the township has 36 sections, so the entire township is 640*36 miles

A

note

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

___ is a vertical row of townships, a ___ is a horizontal row of townships, each townships contain __ sections

A

range, tier, 640

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

1 acre contains _________ square feet

A

43,560

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

__ sq ft = 1 square yard

A

9

17
Q

there are ______ sq feet in 1 acre

A

43,560

18
Q

a township is __ miles by ____ miles and there are __ sections in a township. Each section is __ mile by __ mile

A

6, 6, 36, 1, 1

19
Q

1 mile by 1 miles is a section. this is ____ acres

A

640

20
Q

square footage measures width times ____

A

length

21
Q

cubic feet = ____ x _____ x _____

A

length x width x height

22
Q

______: also called a lot, block, subdivision system or the lot and block system

A

recorded map plat

23
Q

a plat is a map that is created by ____ and _____

A

engineers, surveyors

24
Q

the ___ shows streets and the location and boundaries of individual lots in a subdivision

A

plat

25
Q

used to create or confirm legal description

A

survery

26
Q

a ____ uses monuments, which are visible markers that establish property boundaries

A

survey

27
Q

An ___ ____ ___ (___) or mortgage survey located improvements on the property but is not used to legally establish boundaries. Both will reveal encroachments and zoning violations, such as a setback requirements

A

improvement location certificate (ILC)

28
Q

reveals how many feet a property must be behind a street is an example of _____ requirement

A

seetback

29
Q

A common expression of area of real estate is sq feet. (large rural parcels use ___

A

acreage

30
Q

by tradition, the dimensions are given (frontage/backage) first

A

frontage

31
Q
\_\_\_\_ = street frontage
\_\_\_\_ = depth of the lot (distance from the front property line to the rear property line)
A

width, length

32
Q

a lot 57 feet wide by 108 feet deep would be describe by 57 feet wide by 108 feet deep or simply 57 x 108

A

note

33
Q

list or sales price divided by total square feet =

A

$ per square foot ($psf)

34
Q

What would be the asking price for this a 70 x 200 ft lot at $3 per square foot plus a $50 premium per front foot?

A

Area: 70 x 200 = 14,000
Asking Price: 14,000 x $3 = $42,000
$42,000 + (70 front feet X $50) = $45,500 asking price